Asia offered no direction after Thu/Fri’s selloff — maybe the Yemen–Israel hit was already priced in. Now it’s on Europe & the UK to make sense of the damage.
I’m expecting a corrective pop, but no major resistance breaks. The USD is bid, Kiwi still heavy, but opportunities remain if you’re selective.
Wide ranges in S&P, Dow, Nasdaq mean Pivot Points matter today. Nasdaq still above the long‑term 38.2% Fib, so the uptrend holds… …but the 5‑month double top points to a measured move toward 21,399, below that Fib at 22,494. Breaks don’t count — closes do.
Expect a quiet, corrective tone until the US opens. Weekly & monthly charts now leaning lower. Set your structure — this week could get wild.
Source: https://www.fxstreet.com/news/after-last-weeks-bloodbath-what-now-202603300433
